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    Macroeconomics Principles Applications and Tools
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    Exam 15: Modern Macroeconomics: From the Short Run to the Long Run
  5. Question
    If the Economy Is at Full Employment Equilibrium, an Increase
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If the Economy Is at Full Employment Equilibrium, an Increase

Question 1

Question 1

True/False

If the economy is at full employment equilibrium, an increase in the money supply will cause a higher level of output and an increase in the price level.

Correct Answer:

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